Guidance Capital Inc. Makes New $445,000 Investment in American Woodmark Co. (NASDAQ:AMWD)

Guidance Capital Inc. acquired a new stake in American Woodmark Co. (NASDAQ:AMWD) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 4,709 shares of the company’s stock, valued at approximately $445,000.

Several other large investors have also modified their holdings of the company. SummerHaven Investment Management LLC lifted its position in American Woodmark by 1.2% during the 4th quarter. SummerHaven Investment Management LLC now owns 9,813 shares of the company’s stock worth $911,000 after acquiring an additional 118 shares during the period. New York State Teachers Retirement System grew its position in American Woodmark by 3.1% in the 4th quarter. New York State Teachers Retirement System now owns 11,263 shares of the company’s stock valued at $1,046,000 after buying an additional 337 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in American Woodmark by 9.8% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,097 shares of the company’s stock valued at $380,000 after buying an additional 365 shares during the last quarter. Strs Ohio increased its stake in American Woodmark by 7.3% in the 4th quarter. Strs Ohio now owns 8,800 shares of the company’s stock valued at $817,000 after buying an additional 600 shares during the period. Finally, Keeley Teton Advisors LLC raised its position in American Woodmark by 6.2% during the 4th quarter. Keeley Teton Advisors LLC now owns 14,388 shares of the company’s stock worth $1,336,000 after buying an additional 838 shares during the last quarter. 95.47% of the stock is owned by institutional investors and hedge funds.

American Woodmark Price Performance

AMWD stock traded up $0.40 during trading on Friday, reaching $78.60. 181,964 shares of the company were exchanged, compared to its average volume of 156,171. American Woodmark Co. has a 52-week low of $65.01 and a 52-week high of $104.28. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.24 and a current ratio of 2.06. The company has a market cap of $1.23 billion, a P/E ratio of 11.01 and a beta of 1.67. The stock’s 50 day moving average price is $88.04 and its 200 day moving average price is $92.17.

American Woodmark (NASDAQ:AMWD) last released its quarterly earnings results on Thursday, May 23rd. The company reported $1.70 earnings per share for the quarter, missing analysts’ consensus estimates of $1.75 by ($0.05). American Woodmark had a return on equity of 15.43% and a net margin of 6.29%. The firm had revenue of $453.28 million during the quarter, compared to analyst estimates of $437.80 million. As a group, analysts predict that American Woodmark Co. will post 8.31 earnings per share for the current fiscal year.

Insider Buying and Selling at American Woodmark

In other news, Director Philip D. Fracassa purchased 600 shares of the business’s stock in a transaction dated Thursday, May 30th. The stock was acquired at an average price of $86.66 per share, with a total value of $51,996.00. Following the purchase, the director now directly owns 600 shares of the company’s stock, valued at approximately $51,996. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.00% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on AMWD. Loop Capital dropped their price target on shares of American Woodmark from $112.00 to $100.00 and set a “hold” rating on the stock in a research note on Friday, May 24th. Robert W. Baird lowered their price objective on American Woodmark from $122.00 to $116.00 and set an “outperform” rating on the stock in a report on Friday, May 24th. Finally, StockNews.com downgraded American Woodmark from a “buy” rating to a “hold” rating in a research note on Saturday, March 9th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $95.75.

About American Woodmark

American Woodmark Corporation manufactures and distributes kitchen, bath, office, home organization, and hardware products for the remodelling and new home construction markets in the United States. The company offers made-to-order and cash and carry products. It also provides turnkey installation services to its direct builder customers through a network of eight service centers.